InMoment XI

SEPTEMBER 12, 2023

In today’s cut-throat market, differentiating your brand is more important than ever. Whether you’re a startup or a market leader, understanding your competitors helps you make informed decisions, from product development to marketing strategies. Market Position and Brand Analysis: How do consumers perceive your competitors?

Marketing 260

Marketing Competitive Advantage Return on Investment Poor Customer Service 260

SurveySensum

JUNE 29, 2023

A company, despite investing heavily in marketing and advertising, struggles to retain its customer base and faces a decline in sales. Well, here’s a startling statistic to ponder: 82% of customers stop doing business with a company due to poor customer service. Sound familiar? Don’t know?

Customer Satisfaction 52

Customer Satisfaction Insights Marketing Exceptional Customer Service 52

CSM Magazine

JANUARY 18, 2022

Statistics show that about 58% of American consumers will switch companies because of poor customer service. There is, therefore, a need for businesses to invest in customer service and marketing techniques to encourage their clients to keep supporting their services and products.

Customer Service 52

Customer Service Marketing Poor Customer Service Loyalty Programs 52

Oracle

APRIL 15, 2021

Annual reports on CX are replete with growth projections and statistics that quantify its critical importance to modern customer acquisition and retention strategies. trillion annually due to poor customer service, according to Accenture. Customers prefer to speak with real people, not machines.

2021 94

2021 Loyalty Programs Poor Customer Service Loyalty 94

SurveySparrow

JUNE 20, 2023

Customer retention rates increase by 5% for every 1% increase in customer satisfaction. 64% of customers expect companies to respond and interact with them in real-time. Companies with higher customer satisfaction ratings see a 12% increase in stock prices. times more likely to retain customers.

Customer Satisfaction 52

Customer Satisfaction Loyalty Net Promoter Score Loyalty Programs 52

ProProfs Chat

DECEMBER 21, 2020

Failing to Deliver as Per Customer Expectations. “ 90% of customers say that brands are failing to meet their expectations. ”. What’s worse is how 94% of marketers are in agreement with the customers about how brands are failing to meet customer expectations. Lack of a Great Customer Support.

Loyalty Programs 98

Loyalty Programs Customers Loyalty Sales 98

Up Your Service

MAY 3, 2017

This post makes the same point, but for the travel and hospitality – one of the most traditional “service” industries on the planet. Read on… Customer loyalty is a powerful marketing force that travel and hospitality businesses are always chasing. By David Harrington.

Hospitality 74

Hospitality Travel Brands Airlines 74